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Hardest part is raising those $50M - even more so if you have zero professional experience in high-finance. Getting a foot inside investment banking, hedge fund
by TrackerFF 4y ago
Hardest part is raising those $50M - even more so if you have zero professional experience in high-finance. Getting a foot inside investment banking, hedge funds, private equity, etc. is extremely competitive to say the least.
I think the best shot for any outsider programmer would be to seek (and team up with) those finance professionals that are already thinking about exiting to start their own funds, and in the need of some technical partner...but even then, you're also competing against experienced devs. already in the field.
In the end, it is just really, really difficult for outsiders to just enter this sector, if they have any hopes of working with any substantial amount of capital.
I guess the better option would be to make some product you can sell as SaaS to the masses, or figure out how to manage thousands and thousands of low-$ investors.